Technical Analysis: $THE
/USDT
Current Price: $1.6937 (+14.87%)
The THE/USDT pair has shown a significant rally, marking a +14.87% increase over the past 24 hours. Let’s dive into the key levels to watch closely as the price action unfolds.
Key Targets 🎯:
1. Target 1: $1.7500
The 24-hour high at $1.7514 serves as the first resistance level. A successful breakout above this level could open the doors for further upside momentum.
2. Target 2: $1.8000
If the momentum persists, the next major resistance comes in around $1.8000, a psychological level that could act as a critical test for buyers.
3. Target 3: $1.8500
A break above $1.8000 would lead the price towards $1.8500, where a strong supply zone could potentially halt the bullish rally. Keep a close eye on price action around this level.
Support Zone: $1.6500
In case of a pullback, the $1.6500 support zone is crucial to maintain the uptrend. A dip below this level could signal a short-term correction.
24-Hour Volume: 78.34M USDT
The healthy trading volume suggests robust activity in this pair, confirming the strength of the current uptrend.
Stay tuned for more updates on THE/USDT and other market insights. Trade wisely! 📊🚀
Let me know if you need further adjustments!